Best for business acquisition

Borrow up to ($5m)

25 yrs repayment term

SBA loans are a valuable resource for businesses seeking funding. These loans present several benefits, including substantial loan amounts that can reach up to $5 million, a streamlined application process that often results in high approval rates, and favorable repayment terms that can extend for up to 25 years.

To qualify for an SBA loan, borrowers generally need to meet specific criteria. This includes having experience in their industry, maintaining a good personal credit score (typically 650 or higher), and demonstrating sufficient cash reserves post-loan closure to cover 1.5 times their initial investment.

SBA loans are especially advantageous for those looking to finance business acquisitions.